{ November 11th, 2010 }
Fair and Walker Lofts: A Better Deal Than Dorm Life
I just came across a ridiculously good deal: two 1 bedroom/1 bathroom units at Fair and Walker Lofts in Castleberry Hill priced at $62,000 and $49,500. Built in 2006, these units were originally slated to sell for $150,000.
A little context, especially for parents who are helping foot the bill on their college-age student’s dorm bill. For a 1-bedroom “super single” at Georgia State University’s University Lofts, you’re looking at $5,000 a semester. Assuming your young scholar is able to graduate in eight semesters, that’s a total of $40,000. Hard to believe that for an additional $10,000 or so, your child’s “dorm” could also double as a future investment property.
The Relevant Information
Full listing information for the two units at Fair and Walker lofts.
My full contact information if you’d like to chat about investing in residential real estate.
